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Updated about 5 years ago,

User Stats

76
Posts
42
Votes
Matthew Meikle
  • Realtor
  • Jacksonville, FL
42
Votes |
76
Posts

Ocala Rental Price - The Shores

Matthew Meikle
  • Realtor
  • Jacksonville, FL
Posted

Thanks in advance, all.

I'm currently rehabbing a 2/2 condo tucked away in a very nice little 55+ community in Silver Springs Shores. I'm trying to settle on a price to rent this place for, but the range around here is crazy. I've talked to several people who currently rent a 2/2 for under 600 in the same community and say their rent hasn't gone up more than 25 bucks in a decade. Online I see ads ranging from 850 - 1250. I keep reading that people are desperate for a place to live for under 1000 that isn't a dump in Ocala. I could use some local guidance on how far I can push it.

I'm upgrading the counters to granite, replacing interior doors with new 5-panels, painting the walls and trim for a more modern look, and replacing all of the fixtures for a similar effect. It's a downstairs unit and will probably be the nicest place in here once I'm done in a couple weeks, if I can toot my own horn. I'm all in for 65k. HOA is going to go up to 192 next year and is currently 168.

Help.

-Matthew